Learn the pros and cons of different frequencies: monthly, semi-monthly, bi-weekly, accelerated bi-weekly, weekly and accelerated weekly.

With a bi-weekly pay schedule, you’ll receive 26 paychecks each year, and two months will include three paychecks. Bi-Monthly Another typical pay schedule is bi-monthly.

Struggling to stick to a monthly budget (or even make one in the first place)? Consider creating a biweekly budget instead. If you get paid every two weeks (or twice a month), it may be easier for ...

  (Photo credit: epSos.de) This guest post from Corinne is part of the “reader stories” feature at Get Rich Slowly. Some stories contain general advice; others are examples of how a GRS ...

With bi-weekly payments, you’re essentially splitting your bi-monthly check twice; it requires you to budget more often than once a month.

A bi-weekly schedule beats a monthly one in terms of shortening the term of a home mortgage. Weekly payments, however, make little difference.

A simple interest bi-weekly mortgage is a mortgage payment plan where the borrower's payments made are applied immediately toward the remaining principal.